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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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first was john boehner today, who with drew a line not against additional tax revenue but only against the idea of raising top rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know 700 no,000 jobs would b destroyed. we also know it would slow down our economy. >> and by the same token, president obama came out in the east room, and the line he drew was not in favor of higher -- insisting on higher tax rates, it's that we need more tax revenue from people at the top. >> i'm not whetted to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. >> so the keyword for the president is balanced. but more than one way to get there. maria, just before i came on air, got a statement from the bipartisan policy center in washington, which has been urging the two sides to come together on a simpson-bowles type solution. they said they were encouraged that both president obama and speake
first was john boehner today, who with drew a line not against additional tax revenue but only against the idea of raising top rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know 700 no,000 jobs would b destroyed. we also know it would slow down our economy. >> and by the same token, president obama came out in the east room, and the line he drew was not in favor of higher -- insisting on...
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you heard john boehner say that already. we've had voteses in the senate where we've gotten rid of tax credits. i think that's a given. and i think that the vast majority of measures agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem and that's uncontrolled entitlement spending and a government that has grown massively. >> i think if the house stands for anything, it's cut government spending as tom coburn said and i think we'll have to do more of it. we heard the mandate in 2010 where it was a clear mandate cut spending and we did, we cut $900 billion in spending that he can't like painful tos us. >> we'll continue our call to rise bol politics and make a deal. oufr guests this morning include mike jackson and also david zaslav. and the head of maris group. and douglas holtz-eakin. >> let's talk about eurozone finance ministers meeting to discuss whether to release a new tranche of fund to go greece. the leaders are not expected it to okay the fun
you heard john boehner say that already. we've had voteses in the senate where we've gotten rid of tax credits. i think that's a given. and i think that the vast majority of measures agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem and that's uncontrolled entitlement spending and a government that has grown massively. >> i think if the house stands for anything, it's cut government spending as tom coburn said...
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important movements particularly republicans, john boehner coming out after the election, i get t revenues have to be part of the deal. as george suggested there will be arguments about how you get there but i think when i look at how the politics line up the leverage embedded in going over the cliff and what that means to the president and democrats will push us there. i just want to say macro economically, going over the cliff is a bad thing, no question about it, but going over the cliff and staying over the cliff is a lot worse than going over the cliff and kind of backtracking back up there. >> the bungy. >> the bungy jump. >> we talked about that. >> the slope, the fiscal slope. >> george, where are you on the actual rate itself? there was a conversation boehner said we'll put revenues on the table, keep it at 35%, we'll find the deductions and from the president the first time out he didn't talk about 39.6 and so there was this view amongst some who wanted to hear it somehow he was at the same place and boehner might be willing to do something. i was in d.c. yesterday and others, st
important movements particularly republicans, john boehner coming out after the election, i get t revenues have to be part of the deal. as george suggested there will be arguments about how you get there but i think when i look at how the politics line up the leverage embedded in going over the cliff and what that means to the president and democrats will push us there. i just want to say macro economically, going over the cliff is a bad thing, no question about it, but going over the cliff and...
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boehner's been sending. >> we talked earlier this morning about what the "wall street journal" has at the top and the story that a lot of people have been talking about. laying out $1.6 trillion as the baseline for what he'd like to see. double where the talks left off back in the summer of 2011. is this just an opening bid and we expect it will be somewhere in the middle of those two numbers? >> that's what i expect. i don't think you start out by laying out your bottom line. and remember, that's a bottom line that he laid out publicly in september of 2011 after the grand bargain talks were concluded unsuccessfully. so this is -- this is basically no change in his position. and why would he change having just won an election? but i think you're going to see some back and forth. and if question is how much revenue can you get from closing deductions and loopholes and if so, what kind? and do rates need to rise in order to get the revenue you need to make a deal? and i think what he wants is some public assistance from business leaders who are concerned about the impact of the fiscal c
boehner's been sending. >> we talked earlier this morning about what the "wall street journal" has at the top and the story that a lot of people have been talking about. laying out $1.6 trillion as the baseline for what he'd like to see. double where the talks left off back in the summer of 2011. is this just an opening bid and we expect it will be somewhere in the middle of those two numbers? >> that's what i expect. i don't think you start out by laying out your bottom...
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this was the secret negotiation between barack obama and john boehner last year. we don't know all of the pieces that were in it. they offered 8$800 billion in revenue and then on the spending cut side they offered $450 billion in cuts to medicare and medication and changes to the way social security benefits are calculated. a lot of things on the table here. big things both tax increases and spending decreases. it's going to take some combination of those to get to a deal here and it's sort of where they go on this menu of options that's going to lead to whether or not they have votes to do it on capitol hill. >> there's a detail there. cut through it for me if you will. a lot of people around seem to suggest that they're going to get this thing tied up really quite quickly. my concern is that obama is beginning to grandstand. if you look at who he's meeting with, it looks like he might be preparing for a huge fight for his legacy, which actually might push us further back than a lot of people have bargained for. >> what you'll see with obama meeting with progres
this was the secret negotiation between barack obama and john boehner last year. we don't know all of the pieces that were in it. they offered 8$800 billion in revenue and then on the spending cut side they offered $450 billion in cuts to medicare and medication and changes to the way social security benefits are calculated. a lot of things on the table here. big things both tax increases and spending decreases. it's going to take some combination of those to get to a deal here and it's sort of...
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boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all tough choices you made. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things i've heard democrats and republicans say they agree on, others they loathe them. is there anything that should b
boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows,...
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boehner, particularly in the last 12 hours as we have learned about an fbi agent who was investigating the case initially who sent a shirtless photo of himself to one of the women involved and now these 30,000 e-mails, suspect e-mails between the general who had been commanding the war effort in afghanistan, general allen, and jill kelley, one of the women involved in this, which make me ask the question, when does he have time to run the war? >> right, right. i want to ask you, too, watching pictures of the white house in the briefing room and jay carney's going to step up to the podium, get a lot of questions, you can bet a lot on the scandal and the implications and this certainly has to be quite a distraction, to say the very least, the white house. how do they get on top of this? how do they get ahead of the story in some way? clearly they're not going to want the president to deal with these questions tomorrow at the press conference. >> well, it's inevitable, you can put money on it president obama will be asked at least a couple of questions about the david patreaus situation a
boehner, particularly in the last 12 hours as we have learned about an fbi agent who was investigating the case initially who sent a shirtless photo of himself to one of the women involved and now these 30,000 e-mails, suspect e-mails between the general who had been commanding the war effort in afghanistan, general allen, and jill kelley, one of the women involved in this, which make me ask the question, when does he have time to run the war? >> right, right. i want to ask you, too,...
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john boehner came out and spoke. i heard a lobbyist saying the american people don't have patience, we have to get this done right a way to a very senior democratic leader of the senate and that seems to be case. we'll talk about that and why the president so far has been silent on that issue. plus tonight wolf and kate ann stevens will receive an award for her brother the common ground award from the secretary of state. she also met with the president today a and his national security adviser. ann stevens will be our guest tonight in her first u.s. television interview. >> the sister of the slain u.s. ambassador libya. good idea. i'm looking forward to that. thanks, erin. thieves carry out a dramatic heist rolling up to a jewelry store inside a london mall. get this on motor bikes and it's all caught on tape. dad vo: ok, time for bed, kiddo. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [ male announcer ] a europea
john boehner came out and spoke. i heard a lobbyist saying the american people don't have patience, we have to get this done right a way to a very senior democratic leader of the senate and that seems to be case. we'll talk about that and why the president so far has been silent on that issue. plus tonight wolf and kate ann stevens will receive an award for her brother the common ground award from the secretary of state. she also met with the president today a and his national security adviser....
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and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of
and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not...
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that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rates. now, there's a difference between raising tax rates and raising revenue, making people pay more by doing things which the republicans have suggested like, you know, capping loopholes o
that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more...
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house speaker, john boehner, wants to keep all the bush tax cuts in place. he's starting to talk about closing up tax loopholes. conservative pundit and weekly standard editor bill kristol said it's time for republicans to come so some sort of compromise. >> conservative movement has to pull back, let people float new ideas, let's have a serious debate. don't scream and yell when one person says it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. i don't understand why republicans don't take obama's offer? >> cnn's senior congressional correspondent dana bash is live for us in washington, d.c. what do you make of his comments? >> soledad, look, bill kristol is not an elected official. he doesn't get a vote. but he is a very influential gop voice here in washington. and around the country. and for him to tell republicans it wouldn't kill to them to agree to tax increases for millionaires. it's a big deal. and we heard some similar talk from republicans who do have a vote like senator bob corker. listen to
house speaker, john boehner, wants to keep all the bush tax cuts in place. he's starting to talk about closing up tax loopholes. conservative pundit and weekly standard editor bill kristol said it's time for republicans to come so some sort of compromise. >> conservative movement has to pull back, let people float new ideas, let's have a serious debate. don't scream and yell when one person says it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i...
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but as cnn first reported on this program last week, house speaker john boehner used a post-election conference call with rank-and-file republicans to plead for patience, to give him running room to negotiate with the president who did just win reelection. mandate or not. >> let's discuss what's going on in our "strategy session." joining us are donna brazile and alex castellanos. that bill crystal comment, go ahead, raise the taxes on the wealthy, maybe more than $250,000, maybe $1 million a year. he says, what's wrong with that? half of them voted for obama anyhow in hollywood, he makes that point. >> i think the big thing is republicans want to plant as much seed corn into the economy so it will grow. but here's how the republicans in the house are looking at this thing. i've talked with a few of them this week. this is not about a deal to raise taxes. we already have a deal to raise taxes. when these tax cuts expire, taxes will go up for everybody. what we're talking about is a deal to get some of the money back. >> but no one wants the taxes to go up for the middle tax, for peop
but as cnn first reported on this program last week, house speaker john boehner used a post-election conference call with rank-and-file republicans to plead for patience, to give him running room to negotiate with the president who did just win reelection. mandate or not. >> let's discuss what's going on in our "strategy session." joining us are donna brazile and alex castellanos. that bill crystal comment, go ahead, raise the taxes on the wealthy, maybe more than $250,000,...
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listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there are hearings going on all over capitol hill and then probably will continue to be. they think it all should be streamlined into one committee, but, suzanne, using the term watergate, using the term coverup, saying what did he know, when did he know it, talking about the president, not exactly a way to get bipartisan support for something that, you know, democrats clearly don't want. it is absolutely -- you mentioned at the beginning, very, very tense, particularly between these two old rivals, john mccain and president obama. >> not the way to bite -- get the bipartisanship going. okay, dana. thank you. >> san
listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there...
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. >> well, look, there's hope because i think right after the election you had john boehner come in and say, look, we'll be willing to accept some revenue increases at some particular point. but like i said before, i think it's a reflection of how weak obama was two years ago, otherwise we wouldn't be in this situation. i think the republican party realizes that they were absolutely wiped out last week, they really do need to negotiate more. barack obama needs to stand his ground for once, he never has to run for reelection again and i do think we can get a conclusion that's not going to lead us to some horrible economic apocalypse. but that's only if the republicans negotiate and barack obama remains strong. >> okay. i'm going to ask both of you for your predictions. how long will it take lawmakers to come up with a deal? maria? >> i think it will take up until the middle of december. >> jason? >> yeah, and -- >> it'll be a christmas surprise for everybody. i think they're going to be until the last minute and they're going to leave at the absolute last minute. both sides will hold out
. >> well, look, there's hope because i think right after the election you had john boehner come in and say, look, we'll be willing to accept some revenue increases at some particular point. but like i said before, i think it's a reflection of how weak obama was two years ago, otherwise we wouldn't be in this situation. i think the republican party realizes that they were absolutely wiped out last week, they really do need to negotiate more. barack obama needs to stand his ground for...
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this morning president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and
this morning president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're...
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boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not sequestration. >> jonathan karl did an interview with paul ryan and what paul ryan said in this is essentially that, that the president doesn't have a mandate. karl said he won some 300 some electoral votes, every battleground state except for north carolina. does president obama have a mandate and, and he said no, i don't think so. because then nancy pelosi would be in charge of the house of representatives. and she's not. do you think that he's got a point? >> you know what has a mandate? solutions have a han date. this election was ab
boehner and eric cantor a year ago. we remain ready, willing and able to compromise. the american people have an unquenchable thirst for solutions. they have an unquenchable thirst for compromise and consensus. at that press conference yesterday it was nancy pelosi notwithstanding what governor christie has said. it was nancy pelosi who said we remain ready, willing and able to find a compromise. to find common ground with republicans to avoid the fiscal cliff. we need solutions and not...
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when was the last time you saw harry reid standing next to john boehner? >> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and he had to give on keeping the tax cuts for the wealthy. this is a president right now who believes he's got some leverage. he got re-elected. and these are republicans who are trying to figure out just who they are and what they stand for. and as you saw in the president's press conference earlier this week, he's somebody who studied the flaws of a second term. what he wants to do is make some progress without overreaching. it's very clear they're worried at the white house about doing some overreach here. if he can get a fiscal deal done, that will be very, very important for his legacy in
when was the last time you saw harry reid standing next to john boehner? >> and mitch mcconnell -- >> and mitch mcconnell by the way. right. >> the president is in a different position now. re-elected by a pretty impressive margin than he was the last time he tried to forge a deal that collapsed. >> right. that was the debt ceiling. he had a real problem with that with the grand bargain. he also had after the 2010 midterms when he had a lame duck session of congress and...
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that's the fourth ranking leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last week, nancy pelosi says she's staying. >> i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. >> reporter: flanked by dozens of her democratic female colleagues, pelosi clearly relished the chance to draw a stark contrast with house republicans. >> i'm so proud to stand here with you, my sisters. this is girls morning out. we must have the further empo r empowerment of women. this statement of the strength of women in the congress of the united states. >> reporter: the next congress will have a record 78 women serving in the house. 58 of them
that's the fourth ranking leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last...
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go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this, ana navarro, livid at romney saying obama won because offered minorities "gifts." as if he didn't alienate hispanics enough wliel running. look in mirror, mitt. >> i'm very upset about the comments mitt romney made. it shows him having sour grapes. that's not a great exit for a man who just lost. you need to look at yourself, the campaign. go and look at the film. how did you run your campaign towards hispanic, african-americans? are you satisfied with what you did? does it correlate with the amount you got? also, it's frankly offensive. i can tell you as a hispanic republican, i find those comments o
go to john boehner, go to mitch mcconnell and say let's promote these policies that help poor people that help the middle class that promote jobs. that's what the president's been trying to do. that's what he's calling for in saying that the wealthy should pay their fair share. it'd be nice of some of these moderate thinkers or new thinkers like jindal actually held the republicans who are in power to task a little more instead of kicking the last guy down the road. >> you tweeted this,...
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>host: >> next, president obama and john boehner talk about the fiscal cliff. after that, the white house press briefing with jay carney. >> president obama says that tuesday's elections show that most americans agree with the deficit reduction plan. the president has invited presidential leaders to discuss the deficit and warned about the potential effects of the fiscal cliff. that is this series of tax increases and budget cuts that take effect in january if congress does not act. the president addressed an audience from the white house east room. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> ladies and gentlemen, the president and the vice president of the united states. [cheers and applause] >> thank you. thank you. thank you, everybody. thank you. thank you very much. thank you. thank you very much. everybody, please have a seat. thank you. good afternoon, everybody. now that those of us on the campaign trail have had a chance to get a little sleep, it is time to get back to work, and th
>host: >> next, president obama and john boehner talk about the fiscal cliff. after that, the white house press briefing with jay carney. >> president obama says that tuesday's elections show that most americans agree with the deficit reduction plan. the president has invited presidential leaders to discuss the deficit and warned about the potential effects of the fiscal cliff. that is this series of tax increases and budget cuts that take effect in january if congress does not...
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john boehner is in more trouble now. the senate democrats are more progressive than the people they are replacing. they still do not have 60. it is not quite a stand pat situation. i do not see anybody having that kumbaya moment. point of view up until tuesday night. i think we have been in a situation where both sides seemed to harden their positions as we go forward. i think there was a lot that changed tuesday. that environment is somewhat reflected in the statement that speaker boehner made yesterday afternoon. i was told about comments he made on a conference call about how they had to change the way they operate. you had a very significant victory by the president who campaigned on the issue of fiscal responsibility. is there going to be a change in tax rates? , 60% favored that nationwide. most wanted it on people over $250,000 a year. they wanted 25 of 30 open senate seats. i think they are coming back with a lot of wind in their sails, like the last session of congress or the resurgent republican majority came b
john boehner is in more trouble now. the senate democrats are more progressive than the people they are replacing. they still do not have 60. it is not quite a stand pat situation. i do not see anybody having that kumbaya moment. point of view up until tuesday night. i think we have been in a situation where both sides seemed to harden their positions as we go forward. i think there was a lot that changed tuesday. that environment is somewhat reflected in the statement that speaker boehner made...
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john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore fiscal balance. that is a very important change. you could debate what has motivated that change, and of course it is true that that approach has very popular substantial support among the american people. you have a much greater recognition that the economy would benefit from a carefully designed balanced agreement on fiscal reform. putting that off indefinitely is not good for the country. that is important, too. i think, again, if you listen carefully to what people are saying and what many politicians are saying, there is a lot of consensus on the things that would
john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore...
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that means john boehner falling on the grenade. you could do that but when you have eric cantor and kevin mccarthy eager to reach underbelly and pull the pans on that grenade, and it's a little -- it makes it a little bit harder. you will not have a unified leadership to support this. bush took me most about statements on election lee -- election eve is what barack obama said. i want to sit down with mitt romney to see how we can work together to find that common ground. my guess is that mitt romney did not receive that statement with great enthusiasm and the denis. he was going through his own time of morning but having run a campaign in the last month built around that idea, i can reach that common ground. obama call them in and says we really need this. would you help build support for this deal that will have the support of the business community,. delaware of the interesting phenomenon. at the same time, we had an announcement today by simpson bowles both to buy selected a $5 billion in business support for going aggressively
that means john boehner falling on the grenade. you could do that but when you have eric cantor and kevin mccarthy eager to reach underbelly and pull the pans on that grenade, and it's a little -- it makes it a little bit harder. you will not have a unified leadership to support this. bush took me most about statements on election lee -- election eve is what barack obama said. i want to sit down with mitt romney to see how we can work together to find that common ground. my guess is that mitt...
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house speaker john boehner responded to the announcement. he said in his statement -- senate minority leader mitch mcconnell has also released a statement, and here is a portion. >> if there is a mandate in yesterday's results, it is a mandate for us to find in a way to get it to work. in the weeks and months ahead, we face a series of tremendous challenges and great opportunity. >> the american people want us to work together. democrats want us to work together. republicans want us to work together to in bank they want a balanced approach. >> the newly elected congress starts work in january but the current congress still has work to do in the lame duck session. work is expected on the impending fiscal cliff. follow all of the floor debates starting tuesday with live house coverage on c-span and the senate on c-span2. >> c-span in by its middle and high school students to send a message to the president through a short video. for a chance to win the grand prize of $5,000. the competition is open to students grades 6 through 12. for complete
house speaker john boehner responded to the announcement. he said in his statement -- senate minority leader mitch mcconnell has also released a statement, and here is a portion. >> if there is a mandate in yesterday's results, it is a mandate for us to find in a way to get it to work. in the weeks and months ahead, we face a series of tremendous challenges and great opportunity. >> the american people want us to work together. democrats want us to work together. republicans want us...
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president, john boehner, harry reid, and senator mcconnell -- you can't do in three and half weeks a half weeks what needs to be done. the next year is that moment of opportunity. and i think the work is being done and i think this will help get a result. >> when he does come back and say, i was disappointed when the president come after simpson-bowles, didn't really embrace it and i don't know that we would've adopted it, but it would have been the least possible. it is because the president has been reelected after a very tough campaign. the republicans have been upset by the results of the campaign and you have the raw personal material for this to work out to everyone's benefit. he is very much smart and very effective. >> inner has to get the votes. he calls for both it only gets a vote on his conference committee has problems of his own. .. >> maybe the world economy would collapse if we didn't deal with it, it was taken tonight house of representatives r and it was defeated, and they timely got it passed after they -- after the market tankedded, and then you had the same crowd
president, john boehner, harry reid, and senator mcconnell -- you can't do in three and half weeks a half weeks what needs to be done. the next year is that moment of opportunity. and i think the work is being done and i think this will help get a result. >> when he does come back and say, i was disappointed when the president come after simpson-bowles, didn't really embrace it and i don't know that we would've adopted it, but it would have been the least possible. it is because the...
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also, later today john boehner, the speaker of the house has a news conference coming up. that will be a 5 p.m. eastern. we want to point out here on c-span2 coming up at 1:30 p.m., it will be the first news conference since the election for president obama. we'll have live coverage of that and take a phone call reaction as well. to austin, texas. now let's go to roseville -- i hope i got that right on the republican line. go ahead. >> caller: hi. i would like to say that nancy pelosi means leader, is horrible. she was leader last time. what she says and what she does is two different things. she spoke about when barack obama got elected the first, the first time in 2008, this is all going to be a about jobs, jobs, jobs, and they didn't focus on jobs. they pushed through the health care bill, and then she gets up there all the time. she is nervous, she's family, she's bumbling. she's just going to do what she wants but she doesn't look out for the people. she doesn't care. she just doesn't goes and pushes along the agenda and then health care bill, you have to pass it to f
also, later today john boehner, the speaker of the house has a news conference coming up. that will be a 5 p.m. eastern. we want to point out here on c-span2 coming up at 1:30 p.m., it will be the first news conference since the election for president obama. we'll have live coverage of that and take a phone call reaction as well. to austin, texas. now let's go to roseville -- i hope i got that right on the republican line. go ahead. >> caller: hi. i would like to say that nancy pelosi...
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john boehner still in the house for the time being at the treasury. the president is back in the white house and harry reid is in the senate with a few more seats. why should i believe this would end any more positively than the summer of 2011? >> because again i'm not going to try to talk to you in optimism but let's look at what's changed. you have republican leadership acknowledging for the first time in this debate in public that it's agreed to increase in revenues as part of an agreement that helps restore fiscal balance. that's a very important change. you can debate on what motivated that change, and of course it's true that approach has been a popular very substantial support among the american people. you have a much greater recognition that the economy would benefit on a carefully designed balanced agreement on fiscal reform and putting it off indefinitely is not good for the country. that's important, too. and i also think again if you listen carefully to what people are saying and what many politicians are saying with many elected represen
john boehner still in the house for the time being at the treasury. the president is back in the white house and harry reid is in the senate with a few more seats. why should i believe this would end any more positively than the summer of 2011? >> because again i'm not going to try to talk to you in optimism but let's look at what's changed. you have republican leadership acknowledging for the first time in this debate in public that it's agreed to increase in revenues as part of an...
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we're going to impeach this president as well and then john boehner will be president so ha, ha ha. ha ha, ha to you frank. this scandal does not touch barack obama. he didn't know about it. he didn't do it. he had nothing to do with it. eric cantor knew about it. maybe we should impeach eric cantor. [ ♪ theme ♪ ] >> bill: good morning everybody. welcome to the "full court press." this wednesday morning november 14. oh, man. lots going on. congress back in session and trying to deal with the fiscal cliff. so is president obama. all anybody is talking about is all of the latest with the david petraeus sex scandal. think about it. two generals, two famous generals, two top generals, two women. you got politics involved. you got the military involved. you got maybe national security documents involved. i'm telling you, how long before we see the hollywood movie? which is going to be first? the book or the movie or the tv series? who knows. maybe all three. we'll get into that and a whole lot more here on our "full court press." we've got the ground covered for you from politics to
we're going to impeach this president as well and then john boehner will be president so ha, ha ha. ha ha, ha to you frank. this scandal does not touch barack obama. he didn't know about it. he didn't do it. he had nothing to do with it. eric cantor knew about it. maybe we should impeach eric cantor. [ ♪ theme ♪ ] >> bill: good morning everybody. welcome to the "full court press." this wednesday morning november 14. oh, man. lots going on. congress back in session and trying...
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now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing 16. israel has also begun moving troops toward the border and called up 30,000 reservists, muscle flexing to raise the specter of a ground invasion. president obama called benjamin netanyahu to pledge his support and morsi to assert israel's right to condemn itself and president morsi did not agree. saying today and i quote... >> eliot: to discuss the growing violence in gaza, i'm joined by our good friend, recently re-elected congressman jerry nadler of new york. sir, always a pleasure to have you on the show. >> good to be here. >> eliot: this is an escalation and a moment of tension that's unparall
now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing...
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majority leader harry reid, mitch mcconnell and house speaker john boehner and nancy pelosi. they're all going to try to make some progress in coming to an agreement in how to increase revenue and decrease spending before the tax cuts expire for everyone and pre-determined spending cuts kick in automatically. the president said he's willing to compromise but not if it means protecting the top 2% from paying their fair share. "huffington post" reports that a coalition of labor groups are mounting a campaign to put pressure on coming to a progressive solution to avoid the fiscal cliff. they would air ads targeting house republicans and some senate democrats they say protect healthcare, education social security and rely heavier on higher tax it was. peter king spoke briefly with report he is this morning following general david petraeus' testimony behind closed doors. did he not give many details stating it's an ongoing investigation. >> they now clearly believe that it did not arise out of a demonstration. it was not spontaneous and it was clear terrorist involvement. >> she's
majority leader harry reid, mitch mcconnell and house speaker john boehner and nancy pelosi. they're all going to try to make some progress in coming to an agreement in how to increase revenue and decrease spending before the tax cuts expire for everyone and pre-determined spending cuts kick in automatically. the president said he's willing to compromise but not if it means protecting the top 2% from paying their fair share. "huffington post" reports that a coalition of labor groups...
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so john boehner is saying hey we can have -- we can find some common ground here and republicans are quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want overwhelmingly. so you know, the administration has actually been fairly optimistic about where boehner is and negotiating with boehner and negotiating maybe with some of the rank and file who are more likely to come to an agreement. maybe go into the senate. and doing this very publicly. they're meeting with a lot of groups with labor groups, with business groups and they've learned their lesson. this idea that in 2011 last year, they could just sit in a room with boehner, hatch out a deal and all would be d
so john boehner is saying hey we can have -- we can find some common ground here and republicans are quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts...